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London Stock Exchange reported a fall in profit despite an uptick in revenue, led by growth in its post-trading businesses.
For 2019, pre-tax profit fell to £651m from £685m on-year as both revenue and income rose 8% to £2.1bn.
During the year the company incurred a £180m - up from £154m - amortisation charge in relation to purchased intangible assets, which included £25m accelerated amortisation in relation to Mergent, which was acquired in 2016, the company said.
The company's post trade divisions continued to perform well; LCH saw income up 14% to £756m, and LCH OTC increased revenues 15%.
LSE proposed a final dividend of 49.9p per share, taking the total dividend to 70.0p a share, up 16%.
The company said it remained on target to close the Refinitiv transaction in the second half of 2020.
'Our proposed acquisition of Refinitiv, a leading provider of data, analytics and financial markets services, will significantly accelerate our strategy to be a leading global financial markets infrastructure provider,' it added.